Ukraine Financial News

Subscribe to enjoy similar stories. Europe’s industrial production recovered at the start of a year that could see the beginnings of new investment and a new dawn for the beleaguered manufacturing sector. In the 20-member eurozone, industrial output was 0.8% higher in January than a month earlier.

Finland has announced a new arms package for Ukraine amounting to around 200 million euros ($217 million) and pledged more defense cooperation with Kyiv

200 million euros (USD 217 million) and pledged more defense cooperation with Kyiv. The aid package for Ukraine involves artillery ammunition, «which is in great need right now,» said Finland's Defence Minister Antti Hakkanen as he signed a memorandum of understanding alongside his Ukrainian counterpart Rustem Umerov. Finland's Defence Ministry said other contents of the aid package would not be divulged at this time. Hakkanen said that Finland remains committed to supporting Ukraine and shares Kyiv's «view of the Russian threat in light of our historical experiences.» The areas of closer cooperation include information exchange, research and innovation, ammunition production, and defense industry projects in Finland and Ukraine, the ministry said. The minister said that the relationship was not a one-way street.

Subscribe to enjoy similar stories. Russia said its forces were in the final stages of ousting Ukraine’s army from the Kursk region, where Kyiv had taken Russian territory that it had hoped to use as a bargaining chip in peace negotiations. The Russian military said Thursday it had retaken Sudzha, the biggest town held by Ukraine in the Kursk region, after recapturing a string of villages in recent days.

shares were largely unchanged on Thursday as investors took a step back to assess the ramifications of U.S. President Donald Trump's wavering tariff announcements on global trade relations. The pan-European STOXX 600 was down 0.06% as of 0813 GMT, after closing 0.8% higher on Wednesday due to optimism from hopes of a ceasefire in Ukraine and a cooler-than-expected U.S. inflation report.

It comes as US President Donald Trump's increasingly hostile stance towards traditional European allies has shaken faith in US commitment to the continent's security. Here's what Germany's armed forces — the Bundeswehr — are thought to need, and how they might get it: — What is the state of the Bundeswehr? - Germany cashed in a so-called «peace dividend» after the Cold War. Like other Western countries, it reduced the size of its armed forces and directed more spending to areas like welfare.

Donald Trump has warned his Russian counterpart of «doing things» if the nation refuses for a ceasefire deal with Ukraine. He suggested that financial measures could be used to pressure Moscow but emphasised his priority was achieving peace. While responding to the question about pressuring Russia, Trump said, «I can do things financially, that would be very bad for Russia. I don't want to do that because I want to get peace.» He has said that a ceasefire in Ukraine would benefit Russia but warned of potential downsides, without providing further details. According to Reuters, Trump confirmed that US officials were set to visit Russia to discuss a proposed 30-day halt in hostilities and the possibility of peace talks. After extensive discussions in Saudi Arabia, Ukraine agreed to a ceasefire, leaving the next move to Russia. «Hopefully we can get a ceasefire from Russia,» Trump told reporters in the Oval Office, adding that he had received positive signals but remained cautious about the situation. The Kremlin, meanwhile, stated that it was awaiting details from Washington before responding to the proposal.

Donald Trump has done more than any of his modern predecessors to hollow out the foundations of an international system that the United States painstakingly erected in the 80 years since it emerged victorious from World War II. Without formally declaring a reversal of course or offering a strategic rationale, he has pushed the United States to switch sides in the Ukraine war, abandoning for a time all talk about helping a nascent, flawed democracy defend its borders against a larger invader. He did not hesitate when he ordered the United States to vote with Russia and North Korea — and against virtually all of America's traditional allies — to defeat a U.N.

It is not clear what exactly Moscow included on its list or whether it is willing to engage in peace talks with Kyiv prior to their acceptance. Russian and American officials discussed the terms during in-person and virtual conversations over the last three weeks, the people said. They described the Kremlin's terms as broad and similar to demands it previously has presented to Ukraine, the U.S. and NATO. Those earlier terms included no NATO membership for Kyiv, an agreement not to deploy foreign troops in Ukraine and international recognition of President Vladimir Putin's claim that Crimea and four provinces belong to Russia. Russia, in recent years, also has demanded the U.S. and NATO address what it has called the «root causes» of the war, including NATO's eastward expansion.

Shell LNG marketing executive said, adding that LNG trade will find ways to adapt to logistical interruptions. Shell, the world's largest trader of LNG, accounts for 15% of global trade and supplies about a tenth of India's LNG imports. The company remains sanguine about India, which imported record volumes of LNG in 2024, and aims to tie up more long-term sale contracts with Indian buyers and expand its import terminal capacity when there is a need for it, Tom Summers, senior vice president for Shell LNG Marketing & Trading, told ET in an interview. Summers defended Shell's India terminal's underutilisation, saying global utilisation average is probably 50% or less and its India terminal is strategically connected to supply and demand centres to serve the growing customer needs. Shell's Indian terminal's utilisation is about 40% while India's average is 55%.

US arms deliveries to Ukraine resumed Wednesday, officials said, a day after the Trump administration lifted its suspension of military aid for Kyiv in its fight against Russia's invasion, and Ukrainian officials signalled that they were open to a 30-day ceasefire backed by Washington. Kremlin spokesperson Dmitry Peskov said Wednesday that it's important not to «get ahead» of the question of responding to the ceasefire proposal. He told reporters that Moscow is awaiting «detailed information» about it from the US and suggested that Russia must get that first before it can take a position. Arms deliveries to Ukraine have already resumed through a Polish logistics centre, the foreign ministers of Ukraine and Poland announced Wednesday. The deliveries go through a NATO and US hub in the eastern Polish city of Rzeszow that's has been used to ferry Western weapons into neighboring Ukraine about 70 km away. The American military help is vital for Ukraine's shorthanded and weary army, which is having a tough time keeping Russia's bigger military force at bay. But for Moscow, more American aid spells potentially more difficulty in achieving its war aims and likely will be a tough sell in Moscow for Washington's peace efforts. US Secretary of State Marco Rubio said Wednesday that Washington will pursue «multiple points of contacts» with Russia to see if President Vladimir Putin is ready to negotiate an end to the war. He declined to give details. «The ball is truly in their court,» Rubio said at a refueling stopover in Shannon, Ireland on his way to talks in Canada with other Group of Seven leading industrialised nations.

Ukrainian soldiers holding the front line in the war-battered east of the country, the prospect of a 30-day ceasefire with Russia brought little relief — only distrust and suspicion. Senior Ukrainian and US officials walked away from high-stakes talks in Saudi Arabia late Tuesday agreeing to present Russia with a proposal to halt more than three years of fighting for several weeks. But in eastern Ukraine, there was little hope that even if Moscow agreed to a pause, the Kremlin would make good on promises to stop fighting. A 44-year-old serviceman with the call sign «Malchik» («Boy») said Russia would claim to adhere to a ceasefire and then find ways to keep attacking. «They'll say in public that there's no fighting and no shelling. But this scum has always harassed us and it will continue to,» he told AFP in the frontline city of Kramatorsk.

Kremlin spokesperson Dmitry Peskov said Wednesday that it's important not to «get ahead» of the question of responding to the 30-day ceasefire proposal. He told reporters that Moscow is awaiting «detailed information» about it from the US and suggested Russia must get that before it can take a position. The Russian missiles killed four Syrian men between the ages of 18 and 24 on a ship docked at the southern port of Odesa late Tuesday, where it was loading Ukrainian wheat for Algeria, Infrastructure Minister Oleksii Kuleba said. Another missile killed a woman in Kryvih Rih, President Volodymyr Zelenskyy's hometown in central Ukraine, authorities said. The American help is vital for Ukraine's shorthanded and weary army, which is having a tough time keeping Russia's bigger military force at bay. But for Moscow, more American aid spells potentially more difficulty in achieving its war aims and likely will be a tough sell in Moscow for Washington's peace efforts.

Subscribe to enjoy similar stories. ON THE battlefield Ukraine has more than once turned looming catastrophe into partial success against Russia. It might have pulled off a similar feat in the diplomatic realm on March 11th, when it agreed in principle to an American proposal for an “immediate" 30-day ceasefire.

trade policies. The euro hovered close to a five-month peak on increased optimism for an end to the war in Ukraine.

Trump's tariff wars. Ukraine said on Tuesday it is willing to accept a U.S. proposal for a 30-day ceasefire, a deal that Washington will now put to Moscow.

Vice President JD Vance will travel to India later this month, joined by Second Lady Usha Vance. According to a Politico report citing three sources familiar with the plans, «Vice President JD Vance will travel to India later this month alongside Second Lady Usha Vance.» This will be Vance’s second foreign visit since assuming office. His first trip took him to France and Germany, where he made his global debut as vice president. While the upcoming trip is another step in his diplomatic engagements, for Usha Vance, it holds personal significance—it will be her first visit to India as Second Lady. Her parents emigrated from India to the United States, making this trip a homecoming of sorts.

U.S. inflation data later in the day to gauge the Federal Reserve's interest rate path amid trade tensions and economic slowdown fears.

Subscribe to enjoy similar stories. The debut of Starlink’s satellite internet services in India has been a matter of much anticipation.

Subscribe to enjoy similar stories. India has long been counted among the world’s top importers of arms. So, any slip in our worldwide rank grabs attention.

Mark Kelly on Tuesday trained his guns at Elon Musk, who also heads the Department of Government Efficiency (DOGE), after the billionaire slammed his post on Ukraine. In a recent interview, Kelly suggested that the billionaire only owes allegiance to his own «checking account» and «pocket book» and to «ruining the life of veterans».